Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down – Here’s Why

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $13.70, but opened at $12.94. Sonic Healthcare shares last traded at $12.94, with a volume of 287 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Sonic Healthcare to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Sonic Healthcare Trading Up 2.5%

The firm has a fifty day simple moving average of $13.90 and a 200-day simple moving average of $14.90.

Sonic Healthcare Company Profile

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.